The city would have to borrow $150 million. The other $200 million would come from state and federal funds.

“The infrastructure still is not where it needs to be in the city of Indianapolis, clearly it’s not. Rebuild Indy was a huge boon to the city. People loved it. It made a huge difference in the neighborhoods and so there’s more to go. We can’t get the full billion, we don’t think we can get there but $350 million goes a long way,” Ballard told 24-Hour News 8.

From 2010 to 2013, the first round of the Rebuild Indy program invested $500 million in infrastructure improvements throughout Marion County.

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